MindWalk Holdings (HYFT) Operating Expenses (2020 - 2026)

MindWalk Holdings (HYFT) posted quarterly Operating Expenses of $4978.1 for Q2 2026, down 67.83% year-over-year from $15474.8 in Q2 2025, and down 99.89% quarter-over-quarter from $4.4 million in Q1 2026.

MindWalk Holdings (HYFT) Operating Expenses (2020 - 2026) Analysis & Trends

MindWalk Holdings (HYFT) has reported Operating Expenses for 7 consecutive years, with $4978.1 the latest figure, recorded in Q2 2026.

  • In Q2 2026, Operating Expenses fell 67.83% year-over-year to $4978.1; the TTM figure through Apr 2026 stood at $4.1 billion (down 4.01% YoY), while the FY2026 annual figure was $17.6 million, down 42.6% from the prior year.
  • Operating Expenses retreated to $4978.1 in Q2 2026 per HYFT's latest filing, from $4.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $5.1 billion in Q3 2023 and bottomed at $4978.1 in Q2 2026.
  • Historically, Operating Expenses has averaged $995.1 million across 5 years, with a median of $6.5 million in 2022.
  • Annual changes were most pronounced in 2022 — Operating Expenses jumped 138078.72% — and 2024, when it sank 99.91%.
  • MindWalk Holdings' Operating Expenses stood at $8.0 million in 2022, then jumped by 53251.54% to $4.3 billion in 2023, then tumbled by 99.91% to $4.0 million in 2024, then fell by 1.3% to $3.9 million in 2025, then slumped by 99.87% to $4978.1 in 2026.
  • Business Quant data shows HYFT's Operating Expenses at $4978.1 in Q2 2026, $4.4 million in Q1 2026, and $3.9 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 2.09 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 3.00 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 2.89 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn - 505.13 Mn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 1.21 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn 4,978.15
7 Royalty Pharma 33.72 Bn 35.84 Bn - 541.02 Mn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 1.06 Bn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn 427.03 Mn
10 Roivant Sciences 26.16 Bn 26.85 Bn 1.16 Mn 367.83 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 4,978.15
Jan 31, 2026 4.42 Mn
Oct 31, 2025 3.92 Mn
Jul 31, 2025 4.14 Bn
Apr 30, 2025 15,474.79
Jan 31, 2025 18.75 Mn
Oct 31, 2024 3.97 Mn
Jul 31, 2024 4.30 Bn
Apr 30, 2024 12.89 Mn
Jan 31, 2024 4.84 Mn
Oct 31, 2023 4.26 Bn
Jul 31, 2023 5.13 Bn
Apr 30, 2023 6.96 Mn
Jan 31, 2023 5.59 Mn
Oct 31, 2022 7.98 Mn
Jul 31, 2022 9.76 Mn
Apr 30, 2022 6.00 Mn
Jan 31, 2022 5.45 Mn
Oct 31, 2021 5,777.26
Jul 31, 2021 4.86 Mn